In 2012, the growth rate of the production and sales of the machinery industry is still expected to decline by about 18%.

The reporter learned from the press conference of the China National Machinery Industry Federation that due to the multiple factors such as the severe international economic situation and the weak demand market, the growth rate of the major economic indicators of China's machinery industry will continue to decline in 2012. The growth rate of production and sales is expected to be about 18%, and the profit will increase. It is expected to be about 12%.

Compared with the rapid growth in the past ten years, the growth rate of the major economic indicators of China's machinery industry fell back in 2011, and the growth rate of profit dropped particularly sharply. National Bureau of Statistics data show that in 2011 the monthly growth rate of machinery industry output fell faster, in March increased by 28.87% year-on-year, May growth fell to 22.85%, the second half year-on-year growth rate has gradually slowed down. Among them, the growth rate of automobile production and sales was the lowest in nearly 13 years.

At the same time, profit growth in the first 11 months of 2011 fell rapidly and the growth rate fell by 34 percentage points from the previous year. Despite a rebound in December, the industry efficiency is still falling.

Cai Weici, deputy chairman of China Federation of Machinery Industry, said that the profit fell faster than production and sales, reflecting that the industrial structure of China's machinery industry can not adapt to changes in demand, the overcapacity in the low-end areas of the industry chain, and the advanced level in the high-end equipment field There is still a huge gap. The upgrading of the industrial structure of the machinery industry is imminent.

Cai Weici said that in 2012, he will be committed to promoting the adjustment and upgrading of the industrial structure of the machinery industry, transforming the general processing capacity that has been seriously oversupplied, into an advanced production capacity that is still in short supply, and enhancing the long-term development potential of the industry.

China Machinery Industry Federation expects that under the multiple factors of severe international economic situation and long-term pressure of rising costs, the growth rate of China's machinery industry's major economic indicators will continue to decline in 2012. However, comprehensive policy guidance is conducive to the development of the machinery industry, and the ability of enterprises to respond to market changes, and many other favorable factors. The main economic indicators of the machinery industry will show the trend of low level before and after the end of the first quarter or the second quarter may reach a low point afterwards. The growth rate will be stabilized again. The annual production and sales growth rate is expected to be around 18%, the profit growth rate is around 12%, and the export growth rate is around 15%.